Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

inflation!
where art thou?

RELEASE: ECRI Future Inflation Gauge(-0.5%)

FIRST TAKE: The Future Inflation Gauge (FIG) for the U.S. fell to 115.2 in June, the
fifth straight decline in the index. The index is designed to anticipate cyclical
swings in inflation, and June?s reported number indicates an ongoing decline in
inflationary pressures. Elsewhere, the European FIG increased in May as increases
in Spain and Italy offset another decline in the German index.